Discrepancy in expenditure estimate of GDP in Oman
Oman: Discrepancy in expenditure estimate of GDP was 94,000 constant LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Oman, 2018–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, discrepancy in expenditure estimate of gdp in Oman stood at 94,000 constant LCU.
Compared with earlier readings it is up 238.2% on the previous year and up 147.0% over ten years.
Oman ranks 56th of 153 countries on this measure, in the middle of the range.
Discrepancy in expenditure estimate of GDP in Oman, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2018 | -200,000 constant LCU | — |
| 2019 | 0 constant LCU | -100.0% |
| 2020 | 0 constant LCU | — |
| 2021 | 100,000 constant LCU | — |
| 2022 | 0 constant LCU | -100.0% |
| 2023 | -68,000 constant LCU | — |
| 2024 | 94,000 constant LCU | -238.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -100,000 constant LCU | -200,000 constant LCU | 0 constant LCU | 2 |
| 2020s | 25,200 constant LCU | -68,000 constant LCU | 100,000 constant LCU | 5 |
Countries ranked near Oman
- 53 Seychelles 840,000 constant LCU compare
- 54 Equatorial Guinea 474,200 constant LCU compare
- 55 Central African Republic 382,600 constant LCU compare
- 57 Chad 18,500 constant LCU compare
- 58 Gabon 13,700 constant LCU compare
- 59 Namibia 10,742 constant LCU compare
More economy & growth data for Oman
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.18 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 4.96 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4721 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 9,417 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 4.96 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.1815 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 3,621 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.06 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4405 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Oman?
- Discrepancy in expenditure estimate of gdp in Oman was 94,000 constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Oman?
- The highest recorded value was 100,000 constant LCU in 2021.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Oman?
- The lowest recorded value was -200,000 constant LCU in 2018.
- How does Oman rank for discrepancy in expenditure estimate of gdp?
- Oman ranks 56th out of 153 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Oman?
- Over the last ten years it is up 147.0%. The long-run trend across the full record is volatile.
- Where does this Oman data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.